A Quote by Mohamed El-Erian
For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through default.
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To build more human economies in Africa, governments must be far more strategic, wise, and forward-looking in their expenditure and build diverse economies that are going to deliver the jobs for the next generation.
Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.
I see myself as more of a student, that I love to get down into the weeds of different problems and try to go through that. I don't mind messaging, but I'm going to default back to the research side of things.
Growing economies are critical; we will never be able to end poverty unless economies are growing. We also need to find ways of growing economies so that the growth creates good jobs, especially for young people, especially for women, especially for the poorest who have been excluded from the economic system.
There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.
What made traditional economies so radically different and so very fundamentally dangerous to Western economies were the traditional principles of prosperity of Creation versus scarcity of resources, of sharing and distribution versus accumulation and greed, of kinship usage rights versus individual exclusive ownership rights, and of sustainability versus growth.
You can read Windrush as a morality tale, but it is about the future of black people in the Caribbean. Where next will they want us to labour? Where is the next place they will take us? Why do we not focus on building our own economies and societies? We need to put all hands on deck to get our economies to function at a higher level.
Without new economies, our old economies get our jobs taken from them because everyone else has figured out how to do it.
Internal protectionism in Europe would be deadly, really a disaster for European economies.
Innovating economies expand and develop. Economies that do not add new kinds of goods and services, but continue only to repeat old work, do not expand much nor do they, by definition, develop.
I repeat that, in my opinion, the European Commission and the leading European economies are acting very pragmatically and are on the right path.
The first couple of years of my career were going fantastic, everything running smoothly. I was the next best thing. Obviously there were problems that were out of my hands, changing promoters and all different things behind the scenes that people don't see.
I thought that biology and macro economies, especially, was fairly related between the systems level, and so I graduated the university with a degree in Genetic Engineering and Economies, and I moved to San Francisco to try out how to make money with just the ideas itself.
Often young black people are looking towards the alternative economies. They are looking towards the drug economy.... the economies that are going to that apparently will produce some kind of material gain for them.
The poor don't live in functional market economies as the rest of us do, but in political economies where corruption and broken systems extend from local government to moneylenders.
A pickup in demand in many advanced economies and a stabilization in commodity prices should, in turn, boost the growth prospects of emerging market economies.
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